The Scholarship Foundation of Santa Barbara has received a 2020 Platinum Seal of Transparency from GuideStar, a leading aggregator of nonprofit information. The Platinum Seal is the company’s highest level of recognition, signifying exceptional openness in reporting institutional finances and performance.
Nonprofit organizations achieve Platinum status by providing extensive operational detail for their respective GuideStar profiles. The GuideStar database contains a profile for every tax-exempt nonprofit registered with the Internal Revenue Service.
Earlier this month, the Scholarship Foundation received its eighth consecutive four-star rating from nonprofit evaluator Charity Navigator. The rating – Charity Navigator’s highest – indicates superior financial efficiency and transparency in Foundation operations. The organization has received 17 four-star ratings in 18 years.
“The Scholarship Foundation of Santa Barbara is in select company, as few local nonprofits have received both honors. This organization has long been committed to operational excellence, and we are proud to be recognized by both GuideStar and Charity Navigator,” said Scholarship Foundation President and CEO Barbara Robertson.
The Scholarship Foundation of Santa Barbara is the nation’s largest community-based provider of college scholarships, having cumulatively awarded nearly $130 million to more than 53,000 county students since its founding in 1962. A nonprofit organization, the Scholarship Foundation also provides free financial aid advising services. For additional information, visit www.sbscholarship.org.